Property Snakes and Ladders; 2009

skap7309

I enjoyed the program last night - rather than having Allsop PLC chucking VI garbage through my television set - Sarah Beeney was a breath of fresh air and was down to earth with the reality of the situation. Good on the people involved with the show.

dopester

Mini_Bear wrote: »

I liked this program but felt genuinely sorry for the children's (well thats what they were) parents. It will take a long time to recover those losses.

Are you joking? Their financial involvement makes them all guilty in fuelling the boom to incredible extremes. They should have known better having experienced shades of boom and bust a few times before. No sympathy.

For many of the parents who've rushed to embrace more property, in their experience of the long-wave and seeing their own homes only go up over time..... if they've MEWed.. will many of them be able to hold on to their own homes?

Lotus-eater

dopester wrote: »

Are you joking? Their financial involvement makes them all guilty in fuelling the boom to incredible extremes. They should have known better having experienced shades of boom and bust a few times before. No sympathy.

For many of the parents who've rushed to embrace more property, in their experience of the long-wave and seeing their own homes only go up over time..... if they've MEWed.. will many of them be able to hold on to their own homes?

Yesterday, the couple looked nervous from the off and they looked increasingly so as it went on. Started as a helping hand for their son and ended in a nightmare.
The fit daughters mother <shudder> didn't look all there anyway, was hoping for quick easy money.

All parents thought their offspring knew better than they did, many many people their age have forgotten the lessons learnt is previous crashes. All my older family have. Now they are just in delusion, wait until the market recovers etc.

ninky_2

dopester wrote: »

Their financial involvement makes them all guilty in fuelling the boom to incredible extremes. They should have known better having experienced shades of boom and bust a few times before. No sympathy.

i feel sorry for them. the young lass seemed incredibly go-getter-ish. she took a risk and it didn't pay off. if the market hadn't crashed she'd have done well for herself and her mum.

i suspect however that she will still do well as she seems to have a good attitude. there didn't seem to be any sitting around feeling sorry for herself and although her mum helped her financially she was clearly working hard to make a go of things not just swanning around living a trustifarian lifestyle. i empathise with her impatience- i like to make quick decisions and get quick results (sometimes works, sometimes backfires).

not so sure how the bloke in battersea will do. his parents seemed to want in but even they didn't trust him to run the project (what would that do to your confidence or self-esteem). if they didn't think he was capable of running the development what were they doing going in with him on the project?!

Kantankrus_Mare

wymondham wrote: »

This has probably been said before in the thread but I'm at work and don't have time to browse, but was beanie pregnant again???

Yes ........certainly looked pregnant to me. How many kids has she got??

Always been a follower of her programmes and she always seems to be pregnant.

baileysbattlebus

Would I ever fund or part fund something like this for one of our kids - not a chance. Never. We've worked too long and too hard to hand it to one of them on a plate and put what we have at risk.

I know a couple of people who have stood as guarantors for their childrens' mortgages - I wouldn't even do that. One of ours asked us to, if they needed it, when they bought their first house - fortunately we didn't have to say no - as they got a mortgage from the Nationwide. But we would have said no - which would have been just as well as 3 years later they are no longer together.

baileysbattlebus

ninky wrote: »

i feel sorry for them. the young lass seemed incredibly go-getter-ish. she took a risk and it didn't pay off. if the market hadn't crashed she'd have done well for herself and her mum.

i suspect however that she will still do well as she seems to have a good attitude. there didn't seem to be any sitting around feeling sorry for herself and although her mum helped her financially she was clearly working hard to make a go of things not just swanning around living a trustifarian lifestyle. i empathise with her impatience- i like to make quick decisions and get quick results (sometimes works, sometimes backfires).

not so sure how the bloke in battersea will do. his parents seemed to want in but even they didn't trust him to run the project (what would that do to your confidence or self-esteem). if they didn't think he was capable of running the development what were they doing going in with him on the project?!

The trouble is they took a risk with someone else's money - it's okay if it's their own.

Where are their parents' brains - all I can think is that either they can afford to lose a lot of money or that they believe their children are more able than they actually are.

dopester

ninky wrote: »

i suspect however that she will still do well as she seems to have a good attitude. there didn't seem to be any sitting around feeling sorry for herself and although her mum helped her financially she was clearly working hard to make a go of things not just swanning around living a trustifarian lifestyle.

She might be working harder and dirtier to pay her way in the world from here on in (read that hpc thread).

Her and her Mum can thank Labour for losing all sight of the value-of-money, and expecting house prices to treble in value every 10 years with new mugs borrowing a million+ for that gash place.

Mini_Bear

I agree about the girls mum she didnt even look bothered when the estate agents values came in. she obv had money to burn. i noticed she had lip-liner on, a dead give-away of insanity in my book.
the boys parents looked very disappointed when the values came in. he seemed a bit of a wet weekd to be honest and i admired the young girls pit-bull attitude to gettin the work done. i think thats needed when you project manage a build.
beenie talked a lot of sense last nite. adding genuine value in a falling market and make a profit on it simply cant be done

MrDT

Kantankrus_Mare wrote: »

Yes ........certainly looked pregnant to me. How many kids has she got??

Always been a follower of her programmes and she always seems to be pregnant.

The better half reckons she's got a sideline in surrogacy. Wouldn't surprise me.

Beeney's a savvy businesswoman - successful property developer, got her dating site up and running pre-crash (saw it coming and knew she'd be off the telly for a bit?), property snakes and ladders show now on tv while Phil and Krusty are still in hiding...

Would it surprise you to find out she was also in the babyfactory business? Maybe she sells the sprogs on to Madonna or something?